MIRAI vs Tesla Which Is a Smarter Choice?
MIRAI and Tesla are two companies in the electric vehicle industry that have garnered significant attention from investors. MIRAI, a Japanese company known for its hydrogen fuel cell technology, offers an alternative to Tesla's dominant position in the market. Both companies have seen their stock prices fluctuate as they compete for market share and investor confidence. This comparison explores the strengths and weaknesses of each company, highlighting key factors that investors should consider when deciding between MIRAI and Tesla stocks.
MIRAI or Tesla?
When comparing MIRAI and Tesla, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between MIRAI and Tesla.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
MIRAI has a dividend yield of 5.85%, while Tesla has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. MIRAI reports a 5-year dividend growth of -26.15% year and a payout ratio of 122.33%. On the other hand, Tesla reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with MIRAI P/E ratio at 13.73 and Tesla's P/E ratio at 88.11. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. MIRAI P/B ratio is 0.87 while Tesla's P/B ratio is 16.01.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, MIRAI has seen a 5-year revenue growth of 0.59%, while Tesla's is 2.63%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with MIRAI's ROE at 6.50% and Tesla's ROE at 19.29%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ¥39400.00 for MIRAI and $336.00 for Tesla. Over the past year, MIRAI's prices ranged from ¥39350.00 to ¥46650.00, with a yearly change of 18.55%. Tesla's prices fluctuated between $138.80 and $358.64, with a yearly change of 158.39%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.